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5 charts show what the global economy looks like heading into 2021
- Many countries went into months of lockdown in 2020 in a bid to stem the spread of Covid-19, which reduced cross-border travel and accelerated job losses.
- Governments increased spending to cushion the economic damage, but are now left with a huge debt pile to reckon with in the coming years.
- Meanwhile, central banks around the world slashed interest rates and purchased more assets to inject more money into the financial system.
- https://www.cnbc.com/2020/12/28/5-charts-show-covid-impact-on-the-global-economy-in-2020.html
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